Malaysia’s producer prices rose 1.1% yoy in March 2026, ending a twelve-month run of declines and marking the first increase since February 2025. The rebound was largely driven by the mining sector, which surged 26.5% after an 8.5% drop in February, boosted by a sharp rise in crude petroleum extraction (38.5%). Utilities also contributed to the upside, with the water supply index staying elevated (11.3% vs 11.9%), while electricity and gas accelerated notably (9.6% vs 4.7%). In contrast, a decline in manufacturing prices eased (-0.8% vs -2.7%), reflecting persistent drops in coke and refined petroleum products (-3.8%) and food products (-2.8%). The agriculture, forestry, and fishing sector also remained in contraction, albeit at a slower rate (-5.6% vs -8.7%), dragged by an 11.0% fall in perennial crops. On a monthly basis, producer prices rebounded 4.1%, reversing a 0.5% decline in February and pointing to strengthening cost pressures at the producer level.